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Money and our relationship with that.

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I share this piece with members here because I liked it:

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An IIM passout talks about his
strange relationship with money
Vikram Johri
The DailyO ( India Today Group)
Published on February 26, 2015
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[TD="width: 589"] Money launches one on a ride of respectability
that does not stop until the end of one's life
I have a strange relationship with money. Like everyone, I know it is important. I realised a long time ago that it is money, not love, that makes the world go round. But to say that money matters is not the same as saying love is important or respect is essential. You either have it or you don't. And while you can spend your life searching for love or respect, there is something noble about those pursuits. The search for money, however, is a search for the cleanest item of waste in a gutter. I own a house for which I pay a hefty EMI. The possession is later this year after which I will need to decide if I am going to shift into it or let it out. Besides, I pay rent for the place I currently live in. I maintain a car. My expenses are not great but given that I am a freelancer I have to be careful about how much I spend. Some months are good, others not so much. It would be easy to say that what I am complaining about is merely the fact of growing up and coming into one's own. But that doesn't capture the half of it. None of the things that I truly enjoy-cooking, watching movies, reading - cost a lot of money. But the act of living - planning for the future, maintaining a lifestyle today - does, and it is not exactly childish to bring up this fact. I am the product of an MBA school so I am especially attuned to the depredations of money. I know firsthand what a strange, mesmeric influence it wields. I have seen perfectly nice people turn into monsters who screwed their relationships in the search for lucre. I know of colleagues who are in marriages of convenience because they like the cachet that money brings. I am aware of all this, yet I am cautious not to demarcate money as entirely baleful. Of course, I like money. I like to treat myself to a good dinner or have enough petrol in my car. But money for its own sake has no resonance for me. I like to think of money as a byproduct of honest effort, a shockingly dated concept in today's world, I realise. When I read about how mobile apps are making stars of new-age entrepreneurs, it is the thrill of chancing upon that success, the knowledge that one has arrived, which is more special to me. That you also end up with big bucks in your bank account is a secondary, if not half-bad, outcome. I hate the power that money brings. As a freelancer I often work with people who are richer than me by several orders of magnitude. Yet, I find myself haggling with them for the most basic emoluments. I grudge this. I like to believe that if I were rich I would be generous, but I am told money has a habit of changing those it comes to, so I don't know. I hate money because it comes to define us, our relationships. I went to an IIM to get an MBA because that is what everyone says is the smart thing to do. But I was entirely unsuited to the world inside the IIM. I had no idea how to conduct myself in a way that attracted attention and brought rewards. I was not a member of committees, nor was I in the race for case study awards. Along with a group of other down-and-outs, I passed my days there in a blur, hoping in vain for the great epiphany that I had been promised. I am not stupid; I wanted to show the world that I had talent inside me- I could write and make people's eyes water with the force of my words. (At least I think I can.) But the IIM ecosystem would not allow it. It was a constant race to beat the system, to come out on top, to get the best offer. With my hazy ideas about material success, I was singularly unsuited to the enterprise. What bothered me was that I was forced to acknowledge that the goals I had set for my life were not very sturdy in the face of the power of Mammon. I was a reader. That was my occupation. I was a gay man. That was my politics. I had a world of riches nestled inside me to share with the world. I had so much to say. But inside the IIM I was a failure because I did not harbour the desire to conquer the world via the august gates of investment banking. Today I have lived down that experience. I look upon it as a bad memory that happened to me for no fault of mine. I was not ready for it, and at the time I did not know that I was not. I could only know by going there and living that life. I emerged from it hurting, but I have moved on. I wish I had attended a course that was more aligned to my interests - something in humanities. But even so, I don't think I should feel this out of touch with my education. Clearly, there was a deep discord there. That said, I have become more certain of my place in the world. I know what matters to me, and what doesn't. There are times when I am caught up in the hypocrisy of hating my degree and my unwillingness to give it up because it can open doors for me. I think I would have always hungered for it if I had not gone there. Not the degree but the idea that there is something glorious inside the MBA ecosystem that prepares one to take on the world. I know now that there is nothing glorious there. Or if there is, it is the kind of gladiatorial glory that I do not hanker for. I do not see myself as a soldier in battle, getting kicks out of decimating the opponent. And while I once fell for the glamour of an IIT/IIM education, I am certain I never want to join another race. Money launches one on a ride of respectability that does not stop until the end of one's life. Our social structures are so deeply entwined with money that one can feel pressured to give in. I am happy to have a warm meal and well-wishers around me. If luxuries come my way due to a serendipitous business decision, I will be happy. But I want my life to have enough innocence and lack of predestination. I do non-MBA jobs today, such as writing and teaching, and I am very happy with the work I do. It brings me a lot of contentment. It does not bring me much money but I don't grudge that. The idea that I might have worked for money and not pleasure strikes a deep fear in my heart. Of the few day jobs that I have held, not one brought me satisfaction. As a freelancer I have freedom that I truly cherish. Have your say. You can comment here. I wonder if I might have turned out different had I not gone to a business school. It is possible that I would not have such an antagonistic relationship to money. But I am the product of my experiences and at the end of the day, I am in a happy place.

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I wonder why money is given so much importance in life as we need to sit and analyse it.

Money sits in my purse thats all...it is used when the situation arises..after that it lies idle till it is used again.

Some people who did not make money in life start singing how much they value life more than money blah blah blah..then those who have lots of money get obsessed with it and finally one day they realize money cant buy everything.

In life..keep money at its place..you are the master and it is our servant. Do we keep thinking about our servants 24/7?
 
I wonder why money is given so much importance in life as we need to sit and analyse it.
Money sits in my purse thats all...it is used when the situation arises..after that it lies idle till it is used again.
Some people who did not make money in life start singing how much they value life more than money blah blah blah..then those who have lots of money get obsessed with it and finally one day they realize money cant buy everything.
In life..keep money at its place..you are the master and it is our servant. Do we keep thinking about our servants 24/7?


When the society depended on the barter system the problems would have been less because people would have gone without a certain comforts just because there was no barter counter party available for that.
When money was invented, it was to fill this gap. After money represented the buying power, it was possible to accumulate it and use it to buy everything that was wanted.
In the beginning money was just a servant-like the ghost was to Dr. Faustus.
Later slowly it possessed us and took complete control-again like the ghost of Dr. Faustus.

smart people make money in a single minded pursuit and then they stop at a point when they had it enough. This"enough'" varies from individual to individual. These people just do not bother about money anymore. They put it to good use. It is a servant for them. If an Ambani comes they won't stand up in respect and say "you are great because you have the Atilla in Pedder road Bombay". They will just think you have your millions and I have my millions. I don't care how many more you have than me. So friend let us transact.

But for the majority of people reaching this stage is itself is tough. And they keep toiling at it no end. money never leaves them to think about anything.

Of course the single minded pursuit mentioned above needs a mind first and then it should be equipped to pursue money. That depends on so many factors like, genes, family, childhood, values, education, friends and peers and opportunities. The karma theory takes over from here. LOL.
 
Author may be young or not yet grown into his next stage. When I have enough or get a feeling that I have enough for today and future.. why should I run further behind the money.. all that is needed is to keep one relevant for today and tomorrow.
 
It is easy to disdain money and feel that you have paid a heavy price in terms of concentrated studies in B schools and taxing MNC jobs to earn substantial money

you rationalise it is not worth having it after becoming a drop out unable to sustain that lifestyle after a few work years.

how soon one drops out depends on money one has put away for retirement after collecting all consumer durables and a flat and car of your own .

you if you are not gay, might have had a fling or two and married at least one .



after a few years of all this, you might feel money does not matter and think about the plus points of being a drop out.lol

the older generation did this in sixties while high performing youngsters do it in thirties.

money is important. it is measure of your worth.

If you do not have the muscle or spunk to add to it, you can drop out and if you like feel holy about it
 
Money builds the pluses that society will value you for. Lack of it builds the pluses that you will value yourself for.
 
If you have no desire then you must be dead, or jiwanmukta. If you are honest with yourself we all have desires. Desire is the motivation that keeps us going. If you do not have desire why do you wake up. If you have no-desire, you are using up the scares resources of the world. Why are you wasting resources? If you are saying that you have no desire, you are looking for sympathy, get over it.

Money should never be the driving force, one's own principle should be only force.
Money is only one of the desires.
 
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As I said in my earlier thread on cosmic theory – life’s real secrets, one cannot have it all. so, you will see often that when one becomes very rich, the relationships go out, health becomes a liability, or some other disaster appears from no where etc…

So money is like the nectar of immortality, you can have any amount as long as “you don’t drink/use it”. If you live like Kennedys, it is end of story, if you live like warren buffet – 15 yr old car, 40 yr old house, travelling by economy class, then you can have as much as you can!!

If you watch the lives of people, you will notice that as they gain in wealth, property, etc…, something else will go out…

Finally, if you enjoy your life as there is no tomorrow with all the money one has, then be prepared for disasters !!
 
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If you have no desire then you must be dead, or jiwanmukta. If you are honest with yourself we all have desires. Desire is the motivation that keeps us going. If you do not have desire why do you wake up. If you have no-desire, you are using up the scares resources of the world. Why are you wasting resources? If you are saying that you have no desire, you are looking for sympathy, get over it.

Money should never be the driving force, one's own principle should be only force.
Money is only one of the desires.

Dear Prasad ji,

One does not have to have desires to live in this world.

One can consider life as a duty.

Desire usually comes with a drive to get what we aim for and if results are not what we expected then one gets dejected and might even resort to crime to fulfill the desire.

Or if one has a windfall he/she might get carried away with success and have many more desires mushrooming which will be a never ending story and life becomes a burden.

I prefer the word duty and action.

Action need not be a desire.

Money need not be a desire too..money is a side effect of action.

Moderation is the key to lead a life sans desires yet carrying out our duties and actions.
 
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Dear Prasad ji,

One does not have to have desires to live in this world.

One can consider life as a duty.

Desire usually comes with a drive to get what we aim for and if results are not what we expected then one gets dejected and might even resort to crime to fulfill the desire.

I prefer the word duty and action.

Action need not be a desire.

Money need not be a desire too..money is a side effect of action.
All this duty business is cheating yourself

working with a sense of duty alone is torture . working for the love of it and seeing the results in monetory terms [ie money value of work] is a measure of its value

for want of better quantifiable parameters.
 
All this duty business is cheating yourself

working with a sense of duty alone is torture . working for the love of it and seeing the results in monetory terms [ie money value of work] is a measure of its value

for want of better quantifiable parameters.

Dear Krish ji,

I am being honest here.

Doing our duty is all there is to life.

I work cos its part of my life to have a job and to generate an income..so I take my job as a duty.

One has to work right to see a fair share of monetary gain but for me I wont compromise my personal comfort for monetary gain.

I remember when it was the H1N1 scare many years ago..all clinics were full of patients cos people were panicking that they had H1N1. So it was impossible to handle so many patients the whole day long.It was almost double the usual load.

Some of my friends extended their work hours cos they were excited to have an increase in patient load which means more money.

For me I cut down my work hours by 1 hour so that I get to have enough rest to work again with an extra load.

My friends told me that I was a fool not to extend my hours at that time but for me I wanted to balance work and rest..so I cut short my hours to rest.

Money was not my concern here.I just wanted a balanced life.

Money is something which should not be too much or too little.
 
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Dear Krish ji,


Money is something which should not be too much or too little.

/QUOTE]


Doctor Mam,

Well said.

I go by these:

பாடுபட்டுத் தேடிப் பணத்தைப் புதைத்துவைத்துக்
கேடுகெட்ட மானிடரே கேளுங்கள் - கூடுவிட்டுங்(கு)
ஆவிதான் போயினபின் யாரே அனுபவிப்பார்
பாவிகாள் அந்தப் பணம்

----
கல்லானே ஆனாலும் கைப்பொருள்ஒன் றுண்டாயின்
எல்லாரும் சென்றங் கெதிர்கொள்வர் - இல்லானை
இல்லாளும் வேண்டாள்(;) மற் றீன்றெடுத்த தாய்வேண்டாள்
செல்லா(து) அவன்வாயிற் சொல்

---

P.S: "காதறுந்த
ஊசியும் வாராதுகாண் கடை வழிக்கே.
 
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Doing our duty is all there is to life.

"Doing our duty" is a desire. Taking the next breath is a desire. Anything born has a desire till it dies.
A seed has a desire to germinate, a seedling has a desire to grow.

We are on the same page, different paragraph. LOL
 
"Doing our duty" is a desire. Taking the next breath is a desire. Anything born has a desire till it dies.
A seed has a desire to germinate, a seedling has a desire to grow.

We are on the same page, different paragraph. LOL

Taking a breath is not a desire..holding our breath is a desire.

Really..breathing is automatic..governed by the autonomic nervous system.

But holding our breath is voluntary and can be a desire.

Even in Yogic breathing..inspiration is passive..the air just rushes in the lungs becos of negative pressure.

BTW there is a fine line of difference between intention and desire.

Desire culminates into action that awaits its fruits..but intent is an action that need not await its fruits.

So "doing our duty" could be an intention without awaiting for fruits.
 
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Dear Krish ji,


Money is something which should not be too much or too little.

/QUOTE]


Doctor Mam,

Well said.

I go by these:

பாடுபட்டுத் தேடிப் பணத்தைப் புதைத்துவைத்துக்
கேடுகெட்ட மானிடரே கேளுங்கள் - கூடுவிட்டுங்(கு)
ஆவிதான் போயினபின் யாரே அனுபவிப்பார்
பாவிகாள் அந்தப் பணம்

----
கல்லானே ஆனாலும் கைப்பொருள்ஒன் றுண்டாயின்
எல்லாரும் சென்றங் கெதிர்கொள்வர் - இல்லானை
இல்லாளும் வேண்டாள்(;) மற் றீன்றெடுத்த தாய்வேண்டாள்
செல்லா(து) அவன்வாயிற் சொல்

---

P.S: "காதறுந்த
ஊசியும் வாராதுகாண் கடை வழிக்கே.
request translation of second para.

could not make sense out of it..

as regards renukas comment -too much or too little money is subjective.

why be self limiting in quest for money if it can easily be made with a bit of work . it is not harmful to have more money thru ones talents. one can always give it

away if one does not know what to do with it

one can donate it to various causes
 
request translation of second para.

could not make sense out of it..

as regards renukas comment -too much or too little money is subjective.

why be self limiting in quest for money if it can easily be made with a bit of work . it is not harmful to have more money thru ones talents. one can always give it

away if one does not know what to do with it

one can donate it to various causes

dear Krish ji,

Yes you are right..its not harmful to have more money but in the quest to get more money at times it eats into our general well being.

One has to know where to draw the line when it comes to earning money.

I will give you an example..I have seen doctors who mainly cater to corporate clients have to attend many business parties..throw lavish parties to get on the panels of these companies. These parties are always flowing alcohol.

No doubt getting corporate clients can generate a very good income but for me I dont really think I want to have such a life where I need to attend parties just to get clients for my clinic cos I dislike such situations. Also one has to make deals with the HR managers and give then a cut for each deal made. I do not like such dealings.

So I chose to run a family based clinic where patients are not from the corporate sector and deal with me on a one to one basis.

Its at least peaceful and no need to attend alcohol flowing parties to meet up and make deals with people.
 
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request translation of second para.

I am giving hereunder the tamil meaning which I hope you can follow:

3.2.3 செல்வம்
செல்வம் என்பது பலவகையான சொத்துகளைக் குறிக்கும். தோட்டம், வீடு, மாடு போன்ற பல வகையான சொத்துகளுடன் பணமும் செல்வம் ஆகும். செல்வம் இருப்பவர்களை எல்லோரும் போற்றுவார்கள். செல்வம் இல்லாதவர்கள் மதிக்கப்படுவதில்லை.

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எல்லாரும் சென்றுஅங்கு எதிர்கொள்வர்; இல்லானை
இல்லாளும் வேண்டாள்;மற்று ஈன்றுஎடுத்த
தாய்வேண்டாள்; செல்லாது அவன்வாயின் சொல்

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(கைப் பொருள் = செல்வம், எதிர்கொள்வர் = வரவேற்பர், இல்லானை = செல்வம் இல்லாதவனை, ஈன்று = பெற்று, இல்லாளும் = மனைவியும், வாயின் சொல் = வாய்ச்சொல், பேச்சு)

கல்வி அறிவு உடையவர்கள் அனைவராலும் மதிக்கப்படுவர். கல்வி அறிவு இல்லாதவர்கள் அவ்வாறு மதிக்கப்படுவதில்லை. ஆனால், கல்வி அறிவு இல்லாதவனுக்குச் செல்வம் இருந்தால் அவனையும் எல்லோரும் சென்று போற்றிப் புகழ்வார்கள்.
செல்வம் இல்லாதவனை அவனது மனைவி கூட விரும்பமாட்டாள்; அவனைப் பெற்ற தாயும் விரும்பமாட்டாள்; அவன் சொல்லும் சொல்லை யாரும் பெரிதாகக் கருதி ஏற்றுக்கொள்ள மாட்டார்கள் என்று செல்வத்தின் உயர்வை ஒளவையார் பாடியுள்ளார்

Courtesy: c012232.htm

P.S: It implies the significance of possessing wealth.
But one should know where to draw the line as reported by Doctor Mam in her post.
 
கல்லானே ஆனாலும் கைப்பொருள்ஒன்று உண்டாயின்
எல்லாரும் சென்றுஅங்கு எதிர்கொள்வர்; இல்லானை
இல்லாளும் வேண்டாள்;மற்று ஈன்றுஎடுத்த
தாய்வேண்டாள்; செல்லாது அவன்வாயின் சொல்

(நல்வழி :34)

Ev Vazhee Thanee Vazhee Coveys same sentiments !!

Aandavan Thodangi - Kasethan Kadavulada (???????? ???????) - Lyrics, Paadal, Paattu Varigal, Movie, Padam, Youtube Video, Songs, Geetham - Guruvin Inbaminge
 
I came across this story a little while ago - of someone who went from rags to riches and then back to rags again (!). He won a lottery of 55 MILLION dollars and lived 'extravagant' -- to the extent of purchasing (apparently worthless) collectibles in auctions for millions and owing a private jet! But then he blew up the money, that after a decade of ultra-luxury, he was reduced back to nothing and became penniless, and passed away, now his family living in rented condos.

Money -- to get filthy rich -- that comes out of one's own work and toil is all good. That comes out of inheritance, out of lottery, etc, will perhaps not have enough value in the minds of those who receive them.
 
Jrji,
It does not matter how you earn the money, you must know how to save and spend that money.
People have lost hard earned money chasing dreams. People like Berney Madoff (Bernard Madoff - Wikipedia, the free encyclopedia) take advantage of hard working but gullible people.
You have to be smart to make, use and retain money.
A fool and his money will be parted.
 
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